Marcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood Multifamily
Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a rare opportunity to acquire a well-located West Hollywood asset at an…
Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a rare opportunity to acquire a well-located West Hollywood asset at an…
BELLINGS Intelligence Score: 10
Why it matters
This is a routine commercial real estate transaction involving a modest-sized multifamily property sale with no novel financing or market impact, thus it holds minimal significance for credit-market professionals.
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Marcus & Millichap’s Azzi Group Closes Value-Add Sale of West Hollywood Multifamily
Marcus & Millichap closed the sale of 1203 N. Kings Road, a 30-unit multifamily property in West Hollywood. The property sold for $7.98 million, or $266,000 per unit. “The property presented the buyer with a rare opportunity to acquire a well-located West Hollywood asset at an…